PiCK
Peter Brandt Says Bitcoin Bear Market May Bottom on Oct. 4, With Drop Below $50,000 Possible
JH Kim
Summary
- Peter Brandt said Bitcoin's (BTC) bear market may bottom on Oct. 4.
- Brandt said Bitcoin could briefly fall below $50,000 before entering a recovery phase.
- Bitcoin was trading at $65,496.80 as of 3:35 a.m. on July 21 on Binance's Tether (USDT) market, up 1.64% from a day earlier.
Forecast Trend Report by Period
Veteran trader Peter Brandt said Bitcoin's bear market may bottom on Oct. 4.
Cointelegraph reported on July 20 that Brandt expects Bitcoin could briefly fall below $50,000 before entering a recovery phase.
Bitcoin was trading at $65,496.80 as of 3:35 a.m. on July 21 on Binance's Tether (USDT) market, up 1.64% from a day earlier.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.